Ahad, 22 Mei 2011

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Man-made tragedy

Posted: 22 May 2011 06:04 PM PDT

Man-made tragedy


Orphanage at hillside built without permit

KAJANG: As the nation came to terms with the devastating landslide which claimed 16 lives, experts said that human factor, aided by changing weather patterns, caused the tragedy.


Geologists believed indiscriminate cutting of a hillside to build the Hidayah Madrasah Al-Taqwa orphanage was the main cause of the landslide.


They warned of more landslides in the area, while the Housing and Local Government Ministry is awaiting a report from the Public Works Department before deciding if the orphanage should be torn down.

Initial reports said the hill had a gradient of 80 degrees while guidelines on hillside development state that no structure can be built on a gradient exceeding 40 degrees.


Police are looking for the operator and owner of the place, which was set up more than 10 years ago as an orphanage and religious motivational camp.


The owner is a businessman in his 50s, while the operator depended on public donations to fund the orphanage.

The authorities were in the dark over the camp in Kampung Gahal here. Kajang Municipal Council president Datuk Hassan Nawawi Abdul Rahman, who was at the site yesterday, said the orphanage was an illegal building.


"There was no application filed by the owner for the building of this orphanage, which has been around for about 10 years. We have no records at all of any permits," he said.


"We were not aware of the existence of the building as this area is beyond our jurisdiction." Batu 14, Hulu Langat is mainly Malay reserve land and over the years, land had been sold off in lots to home owners.

The camp hit the headlines on Saturday when two landslides struck at 1.30pm, burying 25 children and several adults who were preparing for a function later in the day.


All the victims were in a tent, rehearsing a nasyid performance when the landslides occurred.


Search and rescue workers ended their operations yesterday at 5.30am with the final toll of 16 dead and nine injured. Three adults, said to be a warden and religious students, were among the dead. The rest were children between the ages of 8 and 14.

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King and PM extend sympathies to families

Posted: 22 May 2011 12:44 PM PDT

King and PM extend sympathies to families


Prime Minister Datuk Seri Mohd Najib Tun Abdul Razak and wife Datin Seri Rosmah in Washington also expressed deep sympathy to the families of the landslide.

Prime Minister Datuk Seri Mohd Najib Tun Abdul Razak and wife Datin Seri Rosmah in Washington also expressed deep sympathy to the families of the landslide.

KUALA LUMPUR: Messages of sympathy and condolences poured in from the king, prime minister and his deputy over Saturday's landslide which claimed 16 lives.

Yang di-Pertuan Agong Tuanku Mizan Zainal Abidin and Raja Permaisuri Agong Tuanku Nur Zahirah expressed their sadness over the incident.

Prime Minister Datuk Seri Najib Razak and his wife, Datin Seri Rosmah Mansor, also extended their sympathies to the families of victims.


Najib told Bernama in Washington: "It was heartbreaking to hear the news of the tragedy. I, my wife and family are sad over what has happened."

Najib and Rosmah will visit the site after cutting short their trip to the United States.

Rosmah said the prime minister would reschedule his trip to Japan on Wednesday afternoon.


"Instead of going straight to Japan, he wants to go back to Kuala Lumpur and I am happy he is doing that because this gives me the opportunity to visit the site as soon as I can," she said in a live interview with Radio24 from Washington.

She added that arrangements had been made with the Association of Wives of Ministers and Deputy Ministers (Bakti) to visit and assist those affected in whatever way it could.

Rosmah said she had also asked the health minister's wife, Datin Seri Lee Sun Loo, to be at the site to keep her updated.


Rosmah, who was saddened by the tragedy, broke down during the interview.

Najib and his wife also issued a statement, extending their condolences to the families of the victims. They hoped the families would remain calm and patient in their moment of bereavement.

Deputy Prime Minister Tan Sri Muhyiddin Yassin said the government would wait for a full report on the incident before deciding on the next course of action.

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King and PM extend sympathies to families

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Yemen leader again balks at leaving; tension grows

Posted: 22 May 2011 11:28 PM PDT

SANAA, Yemen: Armed with guns, knives and swords, supporters of Yemen's leader trapped U.S., European and Arab ambassadors at a diplomatic mission in new turmoil that swept across the capital as the president refused to sign an agreement calling for him to step down in 30 days.


Security forces broke up the crowd after several hours of letting them besiege the embassy on Sunday. But President Ali Abdullah Saleh's balking at the U.S.-backed deal threatened to wreck hopes for a peaceful resolution to the chaos that has consumed this key Arab nation, where hundreds of thousands have protested for three months, defying a bloody crackdown, to demand his ouster.

If the mediation collapses, many fear further deterioration of the political situation, including an escalation of armed conflict between Saleh's loyalists and military units that have joined the opposition.

At nightfall Sunday, tensions were high in Sanaa, the capital. Pro-government gunmen and soldiers locked down main streets around the capital with roadblocks, while tens of thousands of anti-Saleh demonstrators were massed at their protest camp in a central Sanaa square, worried that a new crackdown could ensue.


Saleh refused twice before to sign the agreement. But this weekend it had appeared he was finally relenting, under intense pressure from his allies, the United States and Gulf Arab countries that mediated the accord. The opposition parties signed the accord on Saturday, and the Yemeni president grudgingly promised he would sign the following day.

Instead, the mercurial leader showed his determination to cling to the power he has held for 32 years, despite increasing isolation. His regime unleashed hundreds of armed loyalists into the streets of Sanaa in an apparently orchestrated campaign to demand he not step down. They demonstrated outside several embassies and blocked the road in front of the presidential palace, chanting, "We will not permit the president's ouster."

The American ambassador, along with the ambassadors of Britain, the European Union, Saudi Arabia and other Gulf Arab nations, had gathered at the United Arab Emirates Embassy, waiting to be taken to the presidential palace for the expected signing at noon.

They were besieged by a mob of hundreds of Saleh loyalists, wielding knives, swords and automatic rifles, diplomats inside the mission and witnesses said. The crowd blocked the entrances to the mission, trapping the diplomats inside. At one point, they attacked a convoy bringing the chief mediator of the accord, Abdullatif bin Rashid al-Zayani, head of the Gulf Cooperation Council. They pounded on the car as it entered the compound, witnesses said.

Hours later, Yemeni military helicopters ferried the U.S. ambassador and al-Zayani to the presidential palace to witness the signing, witnesses said. Yemeni state TV showed several top figures from Saleh's ruling party signing the accord as the president and American ambassador, Gerald M. Feierstein, watched. But Saleh himself refused.

Saleh said afterward he would not do so unless opposition leaders come to the palace and sign it as well in public, not "behind closed doors."

"If they don't comply, they are dragging us to a civil war, and they will have to hold responsibility for the bloodshed in the past and the blood which will be spilled later on because of their stupidity," Saleh warned in an address on state TV.

Afterward, the U.S. ambassador returned to the Emirati mission. Diplomats said that by evening, security forces — who had done nothing to stop the siege throughout the day — dispersed the militiamen and the ambassadors left. U.S. Embassy officials could not be reached for comment.

The opposition appeared to dismiss Saleh's demands that they participate in a public signing. Yemeni opposition official Abdul-Malak al-Mukhlafi said the mediators from the Gulf Cooperation Council — a grouping of six Gulf Arab nations — had set down in a three-page document the details of how the deal was to have been signed and that any change in that process was considered a breach of the agreement.

"This regime is taking the world and its people lightly," he told The Associated Press. "We ask the international and regional community to pressure the regime and force it to respect the will of the people, and to impose sanctions that will make it respond to the people's demands."

U.S. Secretary of State Hillary Rodham Clinton said the Obama administration was "deeply disappointed" by Saleh's refusal to sign the agreement to step down. She said he "is turning his back on his commitments and disregarding the legitimate aspirations of the Yemeni people."

The secretary also said she was "outraged" at Saleh's supporters surrounding the embassy in Sanaa.

In the Saudi capital, Riyadh, five foreign ministers from the Gulf council held an emergency meeting Sunday to discuss what happened. A Saudi diplomat said there is "anger" over Saleh's position. He spoke on condition of anonymity because he was not authorized to talk to the media.

The ministers decided to suspend the initiative "because conditions were not ripe," according to a statement from the meeting. Still, they urged Saleh to sign in the "soonest possible time," he said.

But Saleh has proven a master of slipping from the grasp of U.S. and Arab leaders trying to pin him down on an agreement. Twice in the recent weeks, he has balked at the last minute. Once he insisted the composition of the opposition delegation be changed. When the opposition complied, he pulled another demand, asking that the protesters on the streets be dispersed first.

Saleh has managed to cling to power despite near daily protests by hundreds of thousands of Yemenis fed up with corruption and poverty. Like other anti-government movements sweeping the Arab world, they took inspiration from the popular uprisings in Tunisia and Egypt.

The president has swung between offering concessions, taking them back and executing a violent crackdown that has killed more than 150 people, according to the opposition.

Saleh has been hit by mass defections by ruling party members, lawmakers, Cabinet ministers and senior diplomats, as well as leaders of his own tribe and top army commanders, who deployed their tanks in the streets of Sanaa to protect protesters.

But Saleh has kept the loyalty of Yemen's most highly trained and best-equipped military units, which are led by close family members.

Saleh has warned several times that without him, al-Qaida would take control of the country. The United States has supported Saleh with financial aid and military equipment to fight the terror network. Al-Qaida in the Arabian Peninsula has an estimated 300 fighters in Yemen and has been behind several nearly successful attacks on U.S. targets, including the December 2009 attempt to bomb a Detroit-bound U.S. passenger jet.

The accord calls for Saleh to step down in 30 days and hand power to his vice president. It also calls for presidential elections and the formation of a national unity government. In return, Saleh would get immunity from any prosecution.

While the organized opposition parties have agreed, many of the different groups protesting his rule reject the deal, saying it falls short of their demands for an immediate departure and the dismantling of the regime.

Hundreds of thousands poured into a central square Sunday that has become the center of opposition protests, waving Yemeni flags and shouting rejection of the deal. They held banners that read: "Now, now Ali, down with the president!"

Women mingled with men, unlike in previous protests when female protesters stood on the edge of the square segregated from men. Children had their faces painted with Yemeni flags, while youths carried pictures of slain protesters. Young men and women held a 6-foot-long (2-meter) Yemeni flag.

"This initiative is only meant to save Ali not Yemen," declared Tawakul Karman, a protest leader and senior member of the opposition Islamic fundamentalist Islah Party. "We are going to continue our revolution until the end. Like Tunisia and Egypt, we will go against the opposition if they form a government while Saleh is still in power." -- AP

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Prada to make Hang Seng debut on June 24

Posted: 22 May 2011 11:25 PM PDT

HONG KONG: Italian luxury fashion house Prada will make its market debut on the Hong Kong stock exchange on June 24, in a highly anticipated offering aiming to raise up to 2 billion.


In the latest move by high end fashion companies to tap the huge Chinese market, the family-owned giant plans to start bookbuilding for institutional investors on June 6 and start its public offering eight days later.

The firm will price its deal on June 17, Dow Jones Newswires quoted a term sheet as saying, and it is planning to use proceeds to expand its sales network, increase floor space, repay bank loans and supplement working capital.

Prada in Hong Kong could not be reached for immediate comment.


The Milan-based group reportedly received the approval from Hong Kong's market regulators last week for its plan to sell 20 percent of its shares. The move would value the group at up to eight billion euros (11.3 billion).

The group, which includes the Prada, Miu Miu, Church's and Car Shoe brands is 95 percent controlled by the Prada family and executives.

Prada announced in January it would make its first public listing on the Hong Kong bourse in a sign of Asia's growing appetite for designer goods, especially to capitalise on the cash-rich mainland Chinese markets.

China is the world's fastest-growing market for luxury goods.

It is forecast to be the world's top buyer of products such as cosmetics, handbags, watches, shoes and clothes by 2015, according to consultancy PriceWaterhouseCoopers.

Prada will join a slew of other luxury fashion brands also eyeing a listing in Hong Kong, including US upscale handbag maker Coach and luggage maker Samsonite.

Prada's listing plan comes as second-hand luxury handbag retailer Milan Station made a successful debut in Hong Kong Monday, with its shares soaring as much as 77 percent after its IPO was oversubscribed by more than 2,100 times. -- AFP

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Malaysia airline stocks downgraded

Posted: 22 May 2011 06:58 PM PDT

Maybank Investment Bank Bhd lowered its view on Malaysian airline stocks ahead of their quarterly earnings, cutting AirAsia Bhd to "hold" from "buy" and reducing its share estimate for Malaysian Airline System Bhd to RM1.80 from RM2.55.

Malaysian Air may report a first-quarter loss due to higher fuel prices and reduced travel following Japan's earthquake and unrest in the Middle East and North Africa, Maybank analyst Wong Chew Hann said in a report today.

While AirAsia's first-quarter profit may be "very strong," Wong expressed concern over oil price volatility and potential over-supply in the airline industry, according to the report. -- Bloomberg

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MK Land jumps on bigger Q3 profits

Posted: 22 May 2011 06:13 PM PDT

MK Land Holdings Bhd, a Malaysian developer, rose the most in more than four months in Kuala Lumpur trading after reporting higher third-quarter profits.

The stock jumped 6.6 per cent to 40.5 sen at 9:06 a.m. local time, set for its biggest increase since Jan. 3. -- Bloomberg

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